Company Details

Adelaide Brighton Limited (ABC)

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  • Current price: $3.53
  • Website: www.adbri.com.au

ABC began producing cement at Brighton, near Adelaide in 1882. This enterprise, Brighton Co, amalgamated with its competitor, Adelaide Cement, in 1971 to form ABC. In 1984, ABC expanded into the US with the acquisition of Stresscon, later sold. ABC formed a partnership with Hawaiian Cement (50%) in 1985, sold in 1997, and in 1987 expanded locally and in NZ through acquisitions including the diversified Humes Group with its wire product interests, sold in 1996. In 1993, ABC restructured, acquiring Australian Cement’s Geelong plant and selling 49% of its operating subsidiary to Australian Cement. In 1998/99, ABC acquired 100% interest in Adelaide Brighton Cement and merged with Cockburn Cement (Rugby Group - UK). Fuel & Combustion Technology was sold in 1999. Activities Since reorganising, ABC has concentrated on its established cement and planned lime businesses. It is one of the largest cement manufacturers in Australia. Adelaide Brighton Cement has four plants with a capacity of nearly 3m tonnes pa. Northern Cement operates a clinker grinding plant with an annual capacity of 200,000 tonnes. Sunstate Cement (50%) has a capacity of 1m tonnes and Independent Cement & Lime (50%) distributes cement in Vic and NSW. Pavement Technology offers a range of services including recycling and profiling. ABC is diversifying into quicklime production based on its Exmouth lime deposit in WA.

  • Dividend History
  • Reporting Date History
  • Reviews
Ex date Pay date Amount (cents) Type Franking Historical Yield  
12 Sep 2001 15 Oct 2001 2.00 Final 13% 0.99%  
20 Mar 2002 19 Apr 2002 2.00 Interim 20% 1.13%  
10 Sep 2002 14 Oct 2002 2.50 Final 20% 1.27%  
19 Mar 2003 16 Apr 2003 2.75 Interim 35% 1.49%  
9 Sep 2003 8 Oct 2003 2.75 Final 60% 1.56%  
7 Mar 2007 12 Apr 2007 13.50 Interim 100% 5.24%  
1 Mar 2006 5 Apr 2006 6.25 Interim 100% 2.97%  
6 Sep 2006 11 Oct 2006 5.00 Final 100% 3.19%  
8 Sep 2004 14 Oct 2004 3.50 Final 100% 1.91%  
24 Feb 2005 30 Mar 2005 4.00 Interim 100% 3.05%  
21 Sep 2000 16 Oct 2000 1.50 Final 100% 0.42%  
28 Mar 2001 24 Apr 2001 1.50 Interim 100% 0.85%  
4 Jun 2004 5 Jul 2004 3.25 Interim 100% 1.70%  
1 Sep 2005 6 Oct 2005 4.25 Final 100% 2.34%  
6 Sep 2007 11 Oct 2007 6.00 Interim 100% 5.52%  
6 Mar 2008 10 Apr 2008 12.50 Interim 100% 5.24%  

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